Mixed-Use Building with Rental
For Sale
Contact for pricing
1125 N 2nd St, Saint Charles, MO 63301
Includes 2 renovated second-floor rental units and a main-level commercial space leased at $2,614 monthly plus NNN.
Property Size2,852 SF
Price / SF$280.50
Days on Market771
Property Features for 1125 N 2nd St
General Information
Standard status
Active
Size
2,852 SF
Property subtype
OFFICE
Lease Type
NNN
Additional Details
Multifamily Units
2
Listing Agency:
Thomas Realty Group, LLC
(314) 298-1234
Listed By:
Corey Webb
(636) 357-7004
Source:
Moodyscre
Added: Sep 19, 2024
Changed: Oct 25
Last Checked: Oct 28 at 8:23AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Thomas Realty Group, LLC
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Investment Insights
Based on property information with market context.
This mixed-use building features two renovated rental units on the second floor and a main-level commercial space totaling 1,426 SF. The overall property size is 2,852 SF, creating a straightforward vertical live/work configuration with separate income components.
Located at 1125 N 2nd St in St Charles, Missouri, the property is positioned in the heart of a historic French town. The main level is currently leased at $2,614 per month plus NNN, offering both investment income and owner-user flexibility.
Located at 1125 N 2nd St in St Charles, Missouri, the property is positioned in the heart of a historic French town. The main level is currently leased at $2,614 per month plus NNN, offering both investment income and owner-user flexibility.
Key Highlights
- 2 renovated second‑floor rental units
- Main‑level commercial space totaling 1,426 SF
- Commercial space currently leased for $2,614/month plus NNN
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$35,366
Cap Rate
4.42%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$707,320
$707.3K
Cap Rate 7%
$505,229
$505.2K
Cap Rate 9%
$392,956
$393.0K
Market Conditions
NOI Build-Up for 2,852 SF
Gross rent
$64.7K $22.68/SF
− Vacancy
−$17.5K −$6.15/SF
EGI
$47.2K $16.53/SF
− OpEx
−$11.8K −$4.13/SF
NOI
$35.4K $12.40/SF
Area
St. Charles County, MO
Vacancy
27.10%
Lease Rate
$22.68 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$707,320
Cap Rate 7%
$505,229
Cap Rate 9%
$392,956
Alternative Uses
Best Use
Office B
$505.2K
$442.1K – $589.4K
NOI $35,366 @ 7.0% cap · market cap 4.42%
Second Best
Multifamily LT 5
$440.1K
$385.1K – $513.4K
NOI $30,805 @ 7.0% cap · market cap 3.85%
Theoretical Best
Warehouse
$754.8K
$660.5K – $880.6K
NOI $52,837 @ 7.0% cap · market cap 6.60%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
1,007
Businesses Nearby
Explore this area
Business Placement
Demographics for 63301, MO
50,890
Population
22,687
Households
2.2
Avg Household Size
39
Median Age
39%
College-Educated
94%
High-School Grad
84.3 sq mi
ZIP Area
604
Density / Sq Mi
$83,551
Median Household Income
$46,433
Median Earnings
$1,093
Median Rent
$249,400
Median Home Value
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Market
Vacancy Rate% for Office in Midwest region
Frequently Asked Questions
What type of property is this?
Office unit - Includes 2 renovated second-floor rental units and a main-level commercial space leased at $2,614 monthly plus NNN.
Where is this office unit located?
The property is located at 1125 N 2nd St Saint Charles, MO.
What is the asking price?
The asking price for this property is $800,000.
What are key features of this property?
This property features: 2 renovated second‑floor rental units; Main‑level commercial space totaling 1,426 SF; Commercial space currently leased for $2,614/month plus NNN
